At a Glance
Average Property Price - TF5
£325,561
50
National percentile
Average Monthly Rent - TF
£830
23
National percentile
Average Net Household Income - TF5
£38,858
53
National percentile
Flat / Maisonette Yield - TF
6.3%
92
National percentile
10-Year Annualised Price Growth - TF5
4.6%
83
National percentile
10-Year Annualised Rent Growth - TF
3.6%
38
National percentile
Property Price & Volume Trends
The current average property price of £326,000 sits broadly in line with the national average. However, the district has experienced notably strong price growth over the past decade, with annualised gains of 4.6% placing it well above the typical rate of increase seen across the UK. Transaction activity has been relatively subdued in the latest year, with 58 sales compared to a 10-year average of 67 per annum.
Rent & Yield Trends
Average monthly rent of £830 is well below the national norm, reflecting the rural character and lower cost of living in the area. Rental growth over the past decade has also lagged nationally, rising at 3.6% per year. The current flat yield of 6.3% sits modestly above its 10-year average of 6.0%, suggesting a slight uptick in rental returns in recent times.
Income & Affordability Trends
Average household income of £39,000 is close to the national midpoint. Purchase affordability has weakened notably: the price-to-income ratio has risen from 7.2x in 2016 to 8.2x today, making property less affordable relative to local earnings. Rental affordability has remained relatively stable, with the rent-to-income ratio moving only marginally from 23% to 23.9% over the same period.
Resident Demographic Profile
The population is notably older than the national average, with over-50s comprising 47% of residents compared to 39% nationally. Conversely, younger age groups are underrepresented, particularly those aged 16–24. Housing tenure shows a distinctly higher proportion of outright ownership at 40%, well above the national 34%, and correspondingly lower private renting. The employment profile is broadly similar to national patterns, with a slight emphasis on managerial and technical roles.